Marico allots equity shares

Under ESOS
Marico announced that the Securities Issue Committee of the Board of Directors of the Company has vide a circular resolution passed on 21 November 2016, approved allotment of 1 lac equity shares of face value of Re. 1 each under the existing Marico Employee Stock Option Scheme, 2014.Consequent to the aforesaid allotment, the paid up share capital of the Company has increased from 129,01,71,198 equity shares of Re. 1 each aggregating Rs. 129,01,71,198 to 129,02,71,198 equity shares of Re. 1 each aggregating Rs. 129,02,71,198.
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First Published: Nov 21 2016 | 3:09 PM IST
